Borders' jobs to stay in LaVergne

Borders has reversed a decision to close its distribution center in LaVergne, sparing about 300 jobs.

In January — one month before the struggling Michigan-based bookseller filed for Chapter 11 bankruptcy protection — Borders announced it would close the location later this summer.

Employees were informed Wednesday that the center will instead stay open “for the foreseeable future,” according to an email from Borders spokeswoman Mary Davis.

“As part of our reorganization, as we have said, Borders is looking to cut costs and run the most efficient business possible. With our shrinking store base – we are closing 226 stores nationwide – there is excess capacity in our distribution network and the company is not large enough to support three distribution centers,” Davis wrote.